Home StocksEGX Egyptian Exchange Posts Humble Gains; Monday Midday

Egyptian Exchange Posts Humble Gains; Monday Midday

by Yomna Yasser

The Egyptian Exchange (EGX) had on Monday’s midday posted humble gains of EGP 50 million  as the capital market has reached EGP 333.521 billion at 10:36 GMT (12:36 pm local time).

The main index, EGX30 inched higher 0.11% to hit 4630.81 p.  EGX20 shed 0.31% to reach 5270.75 p.

Meanwhile, the mid- and small-cap index, the EGX70 edged up 0.02% to hit 403.08 p. Price index EGX100 sagged 0.51% to reach 719.51 p.

Traded volume reached 20.227 million securities worth EGP 60.984 million, exchanged through 4.750 thousand transactions.

This was after trading in 115 listed securities; 33 declined and 63 advanced while 19 keeping their previous levels.

Egyptians and Arabs were net buyers seizing 68.63% and 8.04% respectively, of the total markets, with a net equity of EGP 4.236 million and EGP 11.451 million excluding the deals.

On the other hand, non-Arab Foreigners were net sellers seizing 23.33% of the total markets, with a net equity of EGP 5.682 million excluding the deals.

EGX’s leading shares witnessed unsteady performance. Shares owned by Commercial International Bank- Egypt (COMI.CA) went up by 1.44% to hit EGP 24.74. Shares of Orascom Telecom Media & Technology Holding (OTMT.CA) witnessed no change hitting EGP 1.29.

Leading EGX’s downwards, shares owned by EFG-Hermes Holding (HRHO.CA) sagged 0.82% reaching EGP 10.92. shares of Orascom Telecom Holding (OTH) (ORTE.CA) inched lower 0.33% reaching EGP 3.05. Shares of Orascom Construction Industries (OCIC.CA) shed 0.12% hitting EGP 253.50.

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